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Putin Says US LNG Uncompetitive in Europe

Oct 03, 2018

Russia's President Vladimir Putin said on Wednesday that liquefied natural gas (LNG) from the United States was uncompetitive in Europe.Putin said at the Russian Energy Week in Moscow that U.S. LNG was 30 percent more expensive compared to Russian…

IAPH Audit Tool for Safe, Sustainable LNG Bunkering

Oct 02, 2018

International players in the shipping sector - International Association of Ports and Harbors (IAPH), Titan LNG, Bureau Veritas, large oil and gas companies such as Shell and ship owners such as NYK and Carnival Corporation - developed a tool for making LNG bunkering safe and sustainable…

Shell's LNG Canada Seen as Tip of Megaproject Iceberg

Oct 02, 2018

The launch of a massive liquefied natural gas (LNG) export project in Canada has finally fired the starting gun on a wave of plan approvals around the world, needed to avoid a supply crunch after 2020.Royal Dutch Shell said it would export LNG…

Putin to Meet Shell CEO in Moscow: Kremlin Aide

Oct 02, 2018

Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.Ushakov said Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia's Pacific coast…

Mitsubishi Signs on $31 Bln LNG Canada Project

Oct 02, 2018

Japanese trading house Mitsubishi Corp said on Tuesday it will join in developing the LNG Canada project in British Columbia led by Royal Dutch Shell, which has taken a final investment decision to go ahead with the development.The C$40 billion ($31 billion) project…

Novatek to Open Third Line of Yamal Project in December

Oct 02, 2018

Russian natural gas producer Novatek plans to open the third line of its Yamal liquefied natural gas project in December, ahead of schedule, Chief Executive Leonid Mikhelson said on Tuesday.Novatek's Yamal terminal has been ramping up LNG shipments…

Glencore Mulls Integrated LNG Project in Philippines

Oct 01, 2018

Mining and trading giant Glencore is mulling an integrated liquefied natural gas (LNG) import project in the Philippines, a source familiar with the matter said.The project would be for a Floating Storage Regasification Unit (FSRU) to import gas directly to a power plant in the country…

Morocco Preparing Tender for $4.5 bln LNG Project

Oct 01, 2018

Morocco is preparing to invite bids for a liquefied natural gas (LNG) project in Jorf Lasfar worth $4.5 billion, Energy Minister Aziz Rabbah said on Monday.Speaking on the sidelines of an energy conference in Marrakesh, he declined to give details…

Croatia Extends Bidding Deadline Again for Adriatic LNG Terminal

Sep 27, 2018

Croatia has again extended a deadline for submitting binding bids for the use of a planned floating liquefied natural gas (LNG) terminal in the northern Adriatic.'The deadline has been moved from Sept. 28 to Dec. 20 this year,' state-owned LNG Croatia said in a statement on its website on Thursday…

Sinopec Adds LNG Tank at Tianjin Terminal

Sep 25, 2018

China's Sinopec Corp completed adding a third tank to store liquefied natural gas at its receiving terminal in Tianjin, marking the completion of construction of the first phase of the import facility, the state oil and gas group said on Tuesday…

Russia's Novatek Ships First LNG Cargo to Brazil

Sep 24, 2018

Russian natural gas producer Novatek has shipped its first LNG cargo to the Brazilian market with LNG produced from the Yamal LNG project.A statement from PAO Novatek said that its wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd…

LNG Shipping Rates Spike with No Respite Seen Through 2019

Sep 24, 2018

The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.The rate for vessels shipping…

LNG Shipping Rates Spike With no Respite Seen Through 2019

Sep 21, 2018

The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.The rate for vessels shipping…

Norway's Gas Exports Set to Match Annual Record

Sep 21, 2018

Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports…

Europe Gas Trade Volume on Track for Record in 2018

Sep 21, 2018

European gas trading volumes in 2018 may beat the record 51,000 terawatt hours (TWh) recorded in 2016 unless unseasonally warm weather prevails for the rest of this year, Prospex said in a report on Friday.The British research company said slower…

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